The task to complete in my list today as a newbie wholesaler is to get in touch with title companies. I read somewhere that title companies are where I will go to officially assign my contract to a buyer. I also was told that they are a great resource and want to make sure I ask ALL the right questions. From the sound of it, title companies seem harmless and that they could not harm me but I still want to make sure I do the due diligence necessary. Are there red flags I need to look out for when dealing with these companies?
I figure I'll start the conversation by introducing myself as an investor looking to wholesale a property and proceed to ask if they have worked with wholesalers before. I will then ask if they can give me a brief walk through the process of their wholesale deals. Is this inappropriate?
Edjumacation for Newbies on what title companies can supposedly do for you.
@Cody Evans Title companies will want to know YOUR wholesale process to determine how/if they can help.
Some investors do things right. Others, not so much.
@Cody Evans best way to find good title companies is to network with other investors in your area that are doing deals. Find a REI meeting in your area and ask around for referrals. Or get on their distribution list and send an email asking for referrals. Task done!!
This post has been removed.
Join the Largest Real Estate Investing Community
Basic membership is free, forever.